{"id":105013,"date":"2023-07-07T14:32:24","date_gmt":"2023-07-07T09:02:24","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=105013"},"modified":"2023-07-07T14:32:26","modified_gmt":"2023-07-07T09:02:26","slug":"oil-stock-jumps-up-to-15-after-company-receives-orders-from-indian-oil-hpcl-and-bpcl","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/oil-stock-jumps-up-to-15-after-company-receives-orders-from-indian-oil-hpcl-and-bpcl\/","title":{"rendered":"Oil stock jumps up to 15% after company receives orders from Indian oil, HPCL and BPCL"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4152435325\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>On Friday, shares of India&#8217;s only pure-play listed biodiesel company that focuses on green energy and the sustainable development of renewable resources (biofuel) surged 15%.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3689518196\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The stock jumped after <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/KOTYARK\/standalone?standalone=true\" target=\"_blank\" rel=\"noreferrer noopener\">Kotyark Industries Ltd<\/a><\/strong> received a biodiesel order of Rs 178 crore. At 2:05 p.m., shares on the NSE were trading at Rs 662, up 8.93 percent.<\/p><p>As per the exchange NSE filing, The company received an order of value 154.00 Cr from Indian Oil Corporation Limited, <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/HINDPETRO\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Hindustan Petroleum Corporation Limited<\/a><\/strong> and Bharat Petroleum Corporation Limited for procurement of Biodiesel from\u00a0 July 2023 to September 2023 for 17,381 KL,\u00a0<\/p><p>In addition, a firm received an order for Biodiesel worth Rs 24 Cr from the same consumers for its Yamuna Bio Energy Private Limited (the company in the process of merger with firm Kotyark Industries Limited). In Aggregate, the firm got a total order for Bio Diesel procurement of 200,70 KL for a total order value of 178.00 Cr<\/p><div class=\"trade-content_5\" id=\"trade-2984827034\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Kotyark Industries is engaged in the manufacturing of biodiesel and its by-products, and the company serves in the sustainable development of renewable natural resources.<\/p><p>The company\u2019s share has delivered multibagger returns of 144 percent in a year. If a shareholder had invested Rs 1 lakh in the company that would be worth Rs 2.44 lakhs in a year.<\/p><p>Year on year, revenue declined by 27 percent, from Rs 156 crore in FY 21-22 to Rs 113 crore in FY 22-23. During the same time period, net profit increased by 37 percent, from Rs 8 crore to Rs 11 crore.&nbsp;<\/p><p>The marginal ratio for FY 22-23&nbsp; has increased as compared to the previous year, Net profit margin of 10.09 percent and an operating margin of 14.90 percent.<\/p><p>According to the FY 22-23 shareholding pattern, promoters own 69.17 percent of the firm, while retail investors possess 29.67 percent.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Omkar Chitnis<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-content-10\" id=\"trade-2186729503\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-4231781466\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>On Friday, shares of India&#8217;s only pure-play listed biodiesel company that focuses on green energy and the sustainable development of renewable resources (biofuel) surged 15%. The stock jumped after Kotyark Industries Ltd received a biodiesel order of Rs 178 crore. At 2:05 p.m., shares on the NSE were trading at Rs 662, up 8.93 percent. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[9865,9867,9864,948,936,9866],"class_list":["post-105013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-kotyark-industries-latest-news","tag-kotyark-industries-latest-orders","tag-kotyark-industries-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-kotyark-industries-share-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Oil stock jumps up to 15% after company receives orders from Indian oil, HPCL and BPCL - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"On Friday, shares of India&#039;s only pure-play listed biodiesel company that focuses on green energy and the sustainable development of renewable resources (biofuel) surged 15%.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/oil-stock-jumps-up-to-15-after-company-receives-orders-from-indian-oil-hpcl-and-bpcl\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Oil stock jumps up to 15% after company receives orders from Indian oil, HPCL and BPCL\" \/>\n<meta property=\"og:description\" content=\"On Friday, shares of India&#039;s only pure-play listed biodiesel company that focuses on green energy and the sustainable development of renewable resources (biofuel) surged 15%.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/oil-stock-jumps-up-to-15-after-company-receives-orders-from-indian-oil-hpcl-and-bpcl\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-07T09:02:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-07T09:02:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Markets-up-2-Cover-Image-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/01\/Markets-up-2-Cover-Image-.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/oil-stock-jumps-up-to-15-after-company-receives-orders-from-indian-oil-hpcl-and-bpcl\/\",\"url\":\"https:\/\/tradebrains.in\/features\/oil-stock-jumps-up-to-15-after-company-receives-orders-from-indian-oil-hpcl-and-bpcl\/\",\"name\":\"Oil stock jumps up to 15% after company receives orders from Indian oil, HPCL and BPCL - 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